Section 51-4-2 - Deposits by political subdivisions(1) As used in this section: (a) "Officer" means each:(i) county treasurer, county auditor, county assessor, county clerk, clerk of the district court, city treasurer, city clerk, justice court judge; and(ii) other officer of a political subdivision.(b) "Political subdivision" means a county, city, town, school district, special district, and special service district.(2)(a) Each officer shall deposit all public funds daily, if practicable, but no later than once every three banking days.(b) Each officer shall deposit all public funds only in qualified depositories unless the public funds need to be deposited in a bank outside Utah in order to provide for: (i) payment of maturing bonds or other evidences of indebtedness; or(ii) payment of the interest on bonds or other evidences of indebtedness.(3)(a)(i) Each officer shall require all checks to be made payable to the office of the officer receiving funds or to the political subdivision's treasurer.(ii) An officer may not accept a check unless it is made payable to the office of the officer receiving funds or to the political subdivision's treasurer.(b) Each officer shall deposit all money the officer collects into an account controlled by the political subdivision's treasurer.(4)(a) Except as provided in Subsection (4)(b) and unless a shorter time for depositing funds is otherwise required by law, each political subdivision that has collected funds that are due to the state or to another political subdivision of the state shall, on or before the tenth day of each month, pay all of those funds that were receipted during the last month:(i) to a qualified depository for the credit of the appropriate public treasurer; or(ii) to the appropriate public treasurer.(b) Property tax collections shall be apportioned and paid according to Section 59-2-1365.Amended by Chapter 16, 2023 General Session ,§ 80, eff. 2/27/2023.Amended by Chapter 64, 2017 General Session ,§ 1, eff. 5/9/2017.Amended by Chapter 329, 2007 General Session.